tBTC Brings Bitcoin to DeFi with Low Fees on Starknet

Bitcoin holders can now access the power of DeFi while benefiting from ultra-low transaction costs. Threshold Network has launched tBTC on Starknet, enabling seamless interaction between Bitcoin and decentralized finance. This trust-minimized protocol transforms Bitcoin into a working capital for complex DeFi strategies at only $0.01 per transaction. 7-day moving average fees are currently averaging $1.49 per transaction on the mainnet but now with tBTC, users can trade, borrow, or execute DeFi strategies without high costs. The launch marks a significant step forward in unlocking Bitcoin’s potential within the multi-chain DeFi ecosystem.